Murphy's Law

Tom Murphy

JP Morgan Chase: Quote of the day

I couldn’t resist this quote from JP Morgan Chase on their SEC settlement over the Enron scandal. (Courtesy of the ever-dependable Corporate Babble):

 “JPMorgan Chase has neither admitted nor denied the SEC�s allegations, but has consented to the order sought by the SEC enjoining the company from future violations of the antifraud provisions of the securities laws and requiring it to pay a total of $135 million, consisting of $65 million of disgorgement of revenues, $5 million of interest, and $65 million of penalties.”

Written by Tom Murphy

July 30, 2003 at 12:28 pm

Posted in General

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